ACCOUNTS - Final Accounts preparation

Registered number: 15726490

DELPHI 393 LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

DELPHI 393 LIMITED

REGISTERED NUMBER: 15726490

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024
Note		£

Fixed assets
Intangible assets	4		3,107
Tangible assets	5		2,329
			5,436
Current assets
Debtors: amounts falling due within one year	6	56,712
Cash at bank and in hand	7	22,195
		78,907
Creditors: amounts falling due within one year	8	(58,917)
Net current assets			19,990
Total assets less current liabilities			25,426
Provisions for liabilities
Deferred tax	9	(1,359)
			(1,359)
Net assets			24,067

Capital and reserves
Called up share capital			100
Profit and loss account			23,967
			24,067

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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DELPHI 393 LIMITED

REGISTERED NUMBER: 15726490

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

W Cook

Director

Date: 9 September 2025

The notes on pages 3 to 7 form part of these financial statements.

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DELPHI 393 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

Delphi 393 Limited is a private company, limited by shares, registered in England and Wales. The address of the company’s registered office is Ground Floor, 45 Pall Mall, London, SW1Y 5JG. The company was incorporated on 17 May 2024.
The company's principal activity is that of PR consultancy.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound sterling.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

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DELPHI 393 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment

20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Employees

The average monthly number of employees, including directors, during the period was 2.

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DELPHI 393 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

4.	Intangible assets

		Computer software
		£
	Cost
	Additions	3,200
	At 31 December 2024	3,200
	Amortisation
	Charge for the period on owned assets	93
	At 31 December 2024	93
	Net book value
	At 31 December 2024	3,107

5.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	Additions	2,524
	At 31 December 2024	2,524
	Depreciation
	Charge for the period on owned assets	195
	At 31 December 2024	195
	Net book value
	At 31 December 2024	2,329

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DELPHI 393 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

Debtors

					2024
					£


	Trade debtors	23,015
	Other debtors	31,847
	Prepayments and accrued income	1,850
		56,712

7.	Cash and cash equivalents
		2024
		£

	Cash at bank and in hand	22,195
		22,195

8.	Creditors: Amounts falling due within one year
		2024
		£

	Corporation tax	6,474
	Other taxation and social security	12,440
	Other creditors	37,597
	Accruals and deferred income	2,406
		58,917

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DELPHI 393 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

9.	Deferred taxation

		2024
		£

	Charged to profit or loss	(1,359)
	At end of year	(1,359)

	The deferred taxation balance is made up as follows:
					2024
					£

	Accelerated capital allowances	(1,359)
		(1,359)

10.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £86.
Contributions totalling £150 were payable to the fund at the balance sheet date and are included in creditors

11.	Transactions with directors

At the balance sheet date £31,292 was due from one of the directors. This is cleared in full after the balance sheet date.

12.	Controlling party

Delphi Communications Limited, a company incorporated in the United Kingdom, is the ultimate controlling party by virtue of its majority shareholding.

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